I want to create a server with a pc that I have and use it to rent minecraft host

Hello, good afternoon. Look, I'm going to be honest, I know that it is not easy, nor is it cheap, but I am willing to learn to be able to create my server.
My idea is to make a server, that people can rent to play minecraft, that is, to create their server. My idea is that through an ftp they can connect to a desktop or something like that and can run their server. I have a pc that I buy to sell, but I couldn't sell it, so I want to use it for this. I know that there are pcs to make a server, but my idea is not to become a super hosting provider for minecraft. I want to go little by little. The pc I have has a ryzen 5 1600af, an asrock a320m-hdv 4.0 motherboard, a 2gb rx 550, a 500w redragon 80 plus bronze power supply, a 240gb pny solid disk, 8gb of ram and a kolink cabinet.
I know I'm going to have to make improvements, but I don't know how. What I know is that I'm going to need a lot of ram, because the minmecraft servers take up a lot. My idea is to put 32gb or 64gb to start with some clients. Also the storage if I will have to enlarge. Tell me if I'm wrong. Then around the source and the processor, I do not know if what it has is fine. So I ask them if the ryzen 5 1600 is going to work.
Well, having said all this, if any component that I have does not work, please tell me. And if I have to change one, tell me. For now my problem is the hardware, since around the software I will investigate a lot about linux and operating systems, to see which is the best and good more things. The software for now is not my doubt


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